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Blockchain Industry is now legal in South Korea with Major New...

Seoul, South Korea –South Korea is now drafting a new major classification standard for its domestic blockchain industry. Since last month, Three Korean ministries -...

South Korea Set on Investing $200 Million for Blockchain Tech RnD

South Korea’s Ministry of Science, ICT and Future Planning have come out with a strategy for the development of blockchain technology, committing $200 million...

Ripple’s Senior Vice President Wants Crypto-Friendly Regulations in South Korea

Ripple Senior Vice President Eric van Miltenburg believes that the current crypto regulations in South Korea need to be relaxed. Instead, more crypto-friendly regulations...

Coinrail Loses $40 Million to Hack Attack

Another cryptocurrency exchange falls victim to a hack attack. The South Korean cryptocurrency exchange Coinrail has just lost over $40 million in altcoins over...

South Korean Crypto Dilemma: Auctioning Seized Cryptocurrency

Large amounts of cryptocurrency were seized and confiscated by the South Korean government. Naturally, they want to auction the crypto off but they were...

Huobi Launches a $93 Million China-South Korea Blockchain Fund

Huobi has partnered with Chinese investment firm New Margin Capital and the South Korean securities firm Kiwoom Securities Co., Ltd., to launch a $93...

South Korea “trusts’ crypto

On Friday, crypto prices gained with Ethereum surging more than 12%, meanwhile the reports said that some South Korea Politicians suggested a new bill...

Rumors of ICO blanket ban removal persist in South Korea

Seoul, South Korea –Legislators are doing their best to reverse the country’s ICO ban with hopes that token offerings will become legal by the...

Bithumb to Issue Own Cryptocurrency

It's not unheard of for cryptocurrency exchanges to venture towards developing their own cryptocurrencies. Chinese crypto exchange Huobi issued the Huobi Token (HT) in...

South Korea improves Safety Requirements in Mining

South Korea’s customs department revised its customs clearance system. They are now improving regulatory conditions in the importation of cryptocurrency mining hardware.  The country’s...